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    Property profile & analytics

    24505 Riverside Dr Grundy, VA 24614-6133

    • Retail space
    • 4,140 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US87-3150342
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 24505 Riverside Dr

    Year built
    1950
    Construction
    WOOD
    Lot size
    0.50 lot acres
    Property size
    4,140 SF
    Property type
    Retail space
    APN
    2HH181046 ENLG B
    APU
    2HH181046ENLGB

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Grundy
    County
    Buchanan
    State
    Virginia
    Longitude
    -82.126
    Latitude
    37.2909

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $220
    $20,395
    $36,137
    $56,532
    -
    $20,395
    $36,137
    $56,532

    Comparable in this City

    • Value Estimation by Request

      18083 Riverside Dr

      RETAIL STORES (PERSONAL SERVICES)
      18083 Riverside Dr, Grundy, VA 24614
      View Details
    • Value Estimation
      $235,000
      5,250 SF

      16043 Riverside Dr

      RETAIL STORES (PERSONAL SERVICES) • 5,250 SF
      16043 Riverside Dr, Grundy, VA 24614
      View Details
    • Value Estimation by Request

      19409 Riverside Dr

      RETAIL STORES (PERSONAL SERVICES)
      19409 Riverside Dr, Grundy, VA 24614
      View Details
    • Value Estimation by Request
      0.15 Acres

      23663 Riverside Dr

      RETAIL STORES (PERSONAL SERVICES) • 0.15 Acres
      23663 Riverside Dr, Grundy, VA 24614
      View Details
    • Value Estimation
      $435,000
      12,528 SF

      Grundy, VA 24614

      RETAIL STORES (PERSONAL SERVICES) • 12,528 SF
      Grundy, VA 24614
      View Details
    • Value Estimation
      $190,000
      870 SF

      1025 Maple St

      RETAIL STORES (PERSONAL SERVICES) • 870 SF
      1025 Maple St, Grundy, VA 24614-9489
      View Details

    Similar Nearby for Sale

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      0.22 Acres

      Land on US-460, Grundy, VA

      Quarter-acre lot on US-460/Riverside Drive in Grundy, Virginia.
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    • $242,000
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      Private 100-acre retreat near downtown Grundy, Virginia.
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    Grundy, VA 24614-6133
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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